The electronic edition is a part of the University of North Carolina at Chapel
Hill digital library, Documenting the American South.

Languages used in the text:
English

Revision history:

2005-07-20, Brian Dietz finished TEI/XML encoding.

Source(s):

Title of collection: University of North Carolina Papers (#40005),
University Archives, University of North Carolina at Chapel Hill

Title of document: Letter from Thomas Baxter to James Iredell, Jr.,
December 10, 1818

Author: T. Baxter

Description: 4 pages, 5 page images

Note:
Call number 40005 (University Archives, University
of North Carolina at Chapel Hill)

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Will examine my a/c and statement of Inc., &c & memorial
(inclosed) which if you think will answer I will thank you to lay them
before the board of trustees your attention to the Business will very much
oblige.

President and board of trustees of the state of north Carolina
the memorial of Thomas
Baxter shews that your memorialist entered into compromise and
bargain with Wm. Slade, Wm. H. Murphree,
and Simon Turner
Esquires, on the 2d day of April 1811, for
certain lands which the trustees then laid claim to in Currituck County (known
by the Cockton Land) for which land & premises your memorialist
entered into bond to the amount of $1500 to be paid in three
separate installments three years to come from the said 2d day of April 1811 that is the 1st due 2d April 1812 the 2d due 2d apr 1813 and the 3d due the 2d apr 1814 all of
which became due before the titles were established by the Supreme Court of this state, which took place in Jany 1816 as your memorialist believes and by the
procrastination of the suits of law respecting the title, have subjected
your memo.s to much inconvenience and a burthen of
interest to amount of $247.50 making the calculation of Int from
the beginning due of the bonds to the 1st Jany 1816 that your memos. have paid in
principal $1947, without Int which with Int make
$2047.59½. That the Int on the debt of $1500,
calculating Int to 24th Septr 1818
the date of the last payment is $493.11. Principal and Int makes
$1993.11 which from the a/c stated if correct, the credit
extinguish the debt and leave a balance of $54.48½ due in favour
of your memorialist &c.

Now may it please the honourable board &c to calculate and correct my
a/c if erroneous and further grant that the Int which accrued before the
title were known, which is stated $247.50 and the balance between
the debit and credit which appears to be $54.48½ which makes the
sum of $301.98½ which your memorialist conceived that in equity
and good conscience should be paid back to him which would leave a balance
due the trustees the sum of $1691.12½.

Page 3

Your memorialist submit these remarks to shew the a/c more fully &c.
Your mems. pray to be acquitted from the Int accrued
before title confirmed and to be heard & dealt with in money as your
mems. were drawn into the compromise contrary to his
will whereby his own Judgment was perverted through advice of Mr. Slade &c all of which is respectfully
submitted and in duty bound will ever pray &c.